Stocks fluctuated over the course of the trading session on Wednesday but managed to end the day mostly higher. With the upward move, the major averages all closed higher for the fourth consecutive session.
The major averages moved to the upside going into the close, ending the session near their best levels of the day. The Nasdaq advanced 96.83 points or 0.7 percent to 13,659.68, the S&P 500 climbed 18.71 points or 0.4 percent to 4,376.95 and the Dow rose 65.57 points or 0.2 percent to 33,804.87.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.